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  • Business Help & Advice - BelfastTelegraph.co.uk
    have a back up plan in case you overspend and protecting Barclays fined for forex rigging Barclays was among six banks whose traders colluded under chatroom nicknames such as The Cartel to rig foreign exchange rates that were fined 5 7 billion US dollars 3 7 billion for their part in the scandal Six New Year s resolutions for technology dummies There s no better time to take advice on how to become more tech savvy Five questions on phone scams How do they trick people into believing them Are people still falling for these Cheaper Christmas dinner on the menu as fresh food prices drop Christmas dinner with all the trimmings is set to be cheaper than expected this year after food prices recorded a fall for the first time since 2006 Tax boost of little help to hard up households There was an income tax boost for workers in last week s Autumn Statement although pressure groups warn that it will do little for the hard up One in three of us will pay for Christmas on credit One in three of us will pay for Christmas on credit Why do so many of us struggle Well the average cost of Christmas per person is expected to be 508 this year Nest egg savers hoping 2015 will bring a change of fortune over inflation Inflation climbed to 1 3 last month putting millions of savers at risk of losing money in real terms on their nest egg Payday lenders doomed as Financial Conduct Authority cap amount they can charge High street payday lenders could disappear next year after a new price cap on the industry was set by the Financial Conduct Authority End may be in sight for underhand tactics used at finish of teaser rates Do you know what interest rate your savings account is paying Retailers have plenty of tricks up their sleeve to rake in festive funds Shopping can be fun can t it Kids current accounts can teach value of cash A current account for kids STEM Where the jobs are With young people making crucial decisions about their future career options right now businesses in the Northern Ireland STEM Science Technology Engineering and Maths sector are urging them to select STEM subjects and help local companies remain world leaders more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented Act before the five year deadline to preserve planning permission Help and Advice Time off for job hunting or to arrange training when facing redundancy Help and Advice Temperatures in the Workplace Help and Advice Giving your team a clear purpose can help strengthen your business Help and Advice Grievance a three step process Help and Advice Woman s body found on the M2 in Belfast near Bellevue Bridge Northern Ireland Pregnant woman booted off Belfast bus in blizzard because she didn t have change Northern Ireland Cannabis oil transformed life of terminally ill brain

    Original URL path: http://www.belfasttelegraph.co.uk/business/help-advice/ (2016-02-15)
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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    hospitals schools airports power stations railways flood defences and water treatment facilities Taxing changes beckon for 2016 We may only be a few weeks into the New Year but change is emerging as a solid theme for 2016 On balance falling oil prices are better for world economy Oil fell to below 30 a barrel last week a 12 year low In a world dependent on energy lower prices should be a good thing you might think as we look forward to cheaper heating oil and less spend at the petrol pump How we can take steps to get our economy growing again Stormont political parties now face the discipline of preparing an improved more closely targeted economic Programme for Government to implement after the May election The last Assembly election saw some improvement in the quality and content of the party The horror of dying without a will David Bowie knew better David Bowie left a will Because of this and the fact that he had years of planning for his taxes his multi million pound estate is reckoned to face very little in death taxes called Inheritance Tax in the UK Heads should be knocked together on energy policy Energy policy is devolved to Stormont falls largely to the Department of Enterprise Trade and Investment DETI and seems increasingly dysfunctional Jonathan Bell as minister has inherited deteriorating and difficult tensions The critical questions are New Year resolutions can be realised with determination It s customary to start the new year by turning the page on what has come before making a break with the past and setting resolutions for the future Many small business owners think the same thing and seek to solidify strategies and budgets at this time Why top produce should put us on tourist menus It is said the way to a man s heart is through his stomach and in a nutshell that is the essence of what 2016 the NI Year of Food and Drink is all about Sales boost for traders so welcome Yesterday the latest statistics from Springboard arrived on my desk and they most certainly provided extremely cheering news for retailers who were hoping for a bumper Christmas season Arlene Foster s draft budget is a considerable achievement in terms of complexity The finances of the Stormont administration have been reviewed and restated so that Northern Ireland is no longer threatened with the collapse of Stormont Minister can give Northern Ireland the right environment Last week Enterprise Minister Jonathan Bell announced the establishment of an Energy and Manufacturing Advisory Group stating everything possible must be done to find a solution to combat energy costs for the manufacturing sector and that a strong flourishing Congratulations Arlene you have a big challenge ahead Congratulations and good wishes to the soon to be First Minister not just for Christmas and the New Year but for the longer years ahead more Previous 1 2 3 4 5 6 7 8 9 10 Next Most

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/ (2016-02-15)
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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    exciting one Airlines high jinks would be missed after takeover The Irish aviation industry is providing interesting headlines at the minute as IAG s proposed takeover of Aer Lingus becomes mired in debate Women in top jobs a work in progress It was this time last year when preparations for our Top 100 publication were hotting up as they now are for 2015 s issue that we began to give serious consideration to the issue of encouraging more women into the boardroom The occasion of Janet McCollum s appointment as head of Moy Park marked the first time the number one company in Northern Ireland was helmed by a female Staff loyalty loses lustre in Abe s cutthroat Japan Long service to a company was once viewed as a virtue and many of my own now relatively aged generation have witnessed plenty of older relatives bring home their carriage clocks Franchising doesn t need to be totally doom and gloom Fashion franchising can be fraught as the experience of Mexx in Ireland demonstrates The bankruptcy of the Dutch parent company has resulted in a lack of stock in Mexx shops around the province According to franchise holder John Houston this has left him with Don t put a ceiling on the mind and we can accomplish anything The majority of business people hide their light under a bushel But the EY Entrepreneur of the Year programme which is launched today is all about turning the tendency towards self abasement on its head Don t forget your skis at one stop mall of future A commercial property outlook courtesy of agents CBRE yesterday brought us an intriguing glimpse into the future of retail Business View NI labour market stats a curious mixed bag of results Northern Ireland s labour market statistics make intriguing reading because of the contradictions they throw up Co dependency is not ideal for our economy Co dependency a state in which one factor depends on another for pretty much everything is never a desirable state for a relationship Campaigners cheered as the long struggle nears end There was jubilation yesterday when campaigners found vindication for their long fight for corporation tax powers to be devolved to the Assembly Many business people have poured their efforts into the campaign over the past five years a period in which lobbying well Dunbia continues to find the perfect recipe for success The success of meat processor Dunbia has made the headlines once more with the company posting turnover of nearly 800m although pre tax profits are down more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented We have the know how to build on our success Viewpoint Dunbia continues to find the perfect recipe for success Viewpoint Women in top jobs a work in progress Viewpoint Don t forget your skis at one stop mall of future Viewpoint Time has arrived to get more women on board ventures Viewpoint Pregnant

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/viewpoint/ (2016-02-15)
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  • Business Opinion - Business Comment and Analysis - BelfastTelegraph.co.uk
    business development in Northern Ireland Its performance in terms of leveraged levels of investment and job promotion compares favourably with other regions of Great Britain More recently the Why social sciences won t help Northern Ireland fill the skills gap The newly published skills barometer for Northern Ireland repeats the long standing message that if our economy is to prosper the current education and training systems for the next generation are leaving too many unprepared for opportunities that can be expected Bargain hunters benefit from Osborne s tax credits U turn I have a sense that my attitude to Black Friday and Cyber Monday makes me something of an archetypal grumpy old man Nothing could have tempted me onto the high street or online given a nagging feeling that we were all being subjected to extreme marketing hype Company Report Merchant Hotel Ltd The Merchant Hotel in Belfast is a significant part of the larger Beannchor Group The full group has interests in hotels and a number of licensed premises across Northern Ireland There are major inter dependencies for the group in the financing of the Merchant Hotel and the other related businesses Why we need bright ideas to solve energy problems Electricity users and electricity policymakers will be reading the small print in the Chancellor s autumn budget statement this week There is expected to be some clarity on the way in which incentives in Great Britain are trimmed or reduced for investors in energy from on shore A new era for business if politicians can move forward The confirmation that a cut in corporation tax levied on trading activities by businesses in Northern Ireland will become effective from April 2018 will be generally welcomed by business owners across Northern Ireland Why we should scrutinise tax affairs of big investors Attracting foreign direct investment FDI to Northern Ireland is part of the ambition of organisations such as Invest NI The hope is that Northern Ireland can deliver a combination of facilities services and taxation arrangements that enhance the profitability of projects Company report Kingspan Environmental Kingspan Environmental based in Portadown is a wholly owned subsidiary of the Kingspan Group which is a stock exchange quoted company registered in Dublin The company describes its principal activities as including the design manufacture and distribution of rotationally moulded products copper and stainless steel cylinders solar vacuum tubes wind turbines and waste water treatment systems Why Northern Ireland s big food debate must start with small farmer Farm and food production in Northern Ireland is a complex matrix of supplies sourced from up to 30 000 farms and processed by a large number of plants some of which are large traders in national and international markets The era of public influence through marketing Why we need more than low costs to be competitive Doing business in Northern Ireland is cheaper for companies than the average in the rest of the UK or Ireland The cost of doing business in Northern Ireland compares favourably

    Original URL path: http://www.belfasttelegraph.co.uk/business/opinion/john-simpson/ (2016-02-15)
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  • Belfast Telegraph Business - Northern Ireland Business News - BelfastTelegraph.co.uk
    difficult sensitive and politically challenging job to be done Tim Losty seems to be the man to do it as far as the First and Deputy First Ministers are concerned The north Belfast man has a track record of taking on daunting tasks at home and abroad A surge in new electricity firms to market holds no fear for the main powerhouse Just eight years ago Power NI was the only electricity provider in the market here Now the former NIE Energy business is competing against five other companies in Northern Ireland which has considerably changed the landscape The Co Down firm weaving path to success with rugby fans Selling textiles and collectables to everyone from petite Chinese women to rugby fans is all in a day s work for Wendy Hamilton commercial director at Ulster Weavers Yes Northern Ireland s glory days as a titan of the linen industry may well be a thing of the past As a child I was fascinated both by machines and by the smell from wool in the dye house There s currently a little bit of Portadown under the feet of Sir Alex Ferguson and boxer Floyd Mayweather Jr And if you have ever visited a Las Vegas casino or cruised on a luxury liner chances are you ll have been walking on home ground Danske Bank chief executive Gerry Mallon Instead of coming out as a poor engineer I Gerry Mallon turned down his first chance to work in banking instead opting for a role working in the public sector at Stormont But when he did take up his most senior role as Danske Bank chief executive in 2008 he did so just weeks before investment bank Lehman Brothers SPAR boss Our strategy is whatever money you make pump it back into the business and The activities of Henderson Group touch on all our lives here in Northern Ireland The company has owned the Spar franchise which originated in Holland since 1960 and the symbol retailer has long been our biggest convenience store operator Kainos boss We ve grown to be successful by using Belfast as our base so why would we Brendan Mooney s first foray into the embryonic days of computing began when his father Bernard bought him a new BBC Micro model from a Co Antrim electrical shop in the early 1980s But now he is at the helm of the homegrown software business Kainos which this Family treat that became a cereal thriller When Jill Crawford was on maternity leave with her newly born bundle of joy Mya at her Portaferry home she was also overseeing weeks of noisy building work on her new business The IT foul up was catastrophic but we have built resilience now Ross McEwan head of Ulster Bank parent firm Royal Bank of Scotland talks exclusively to Margaret Canning about all the issues from branch closures to loan sales I gave up engineering degree for life of travel He only planned to

    Original URL path: http://www.belfasttelegraph.co.uk/business/big-interview/ (2016-02-15)
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  • Belfast Telegraph Business - Northern Ireland Business News - BelfastTelegraph.co.uk
    factor Economy watch Why jobs may fall and prices go up due to the National Living Wage One of the few genuine surprises in the summer 2015 Budget was the announcement of the National Living Wage NLW Due to be introduced at a level of 7 20 per hour in April 2016 for those aged 25 and above the NLW will progressively rise to 60 of the UK median Economy view so what s the view from Dublin An Ancient Greek dramatist could have made something of the Irish banking tragedy The banking system failed partly perhaps largely because its regulators were obsessed with protecting it Enter chorus Why Northern Ireland s big food debate must start with small farmer Farm and food production in Northern Ireland is a complex matrix of supplies sourced from up to 30 000 farms and processed by a large number of plants some of which are large traders in national and international markets The era of public influence through marketing Agri food sector has the innovative ingredients to build on its success Global commodity prices waned in 2015 as demand from China and emerging markets fell back The full impact of that slowing demand has undoubtedly been felt by local dairy farmers but for other food producers working on products further up the value added chain What s the view from Dublin Is it deja vu all over again Budget Day would have brought a tear of nostalgia to the driest eye Two billion euro of spending increases mysterious fiddling with debit card fees and threats of strikes from none other than the train drivers and teachers I could almost feel my hair turning black How social media in the workplace could be deleting our productivity Productivity in the UK workplace has risen by over 80 since the 1970s according to research by the Centre for Business and Economic Research with mobile phones email and business software responsible for the increase Rewards for investors who get their heads in The Cloud I don t know if it is my age or my lack of imagination which makes it difficult for me to see the connection between The Cloud and millions of computer servers in many thousands of locations around the world However what is evident even to me is the strong connection Accept that mending the economy is going to hurt In my role as economic advisor to EY in Ireland I was in Dublin last week speaking at a Budget 2016 event and providing economic commentary There was a palpable sense of an economy that has turned a corner and is looking at better times ahead Major markets consolidate gains while focus shifts towards China All of the major markets held on to their gains last week with most actually recording further improvements Why attracting investment and jobs isn t just about low costs Is it time for a rethink on how we pitch ourselves internationally and how we support our local businesses

    Original URL path: http://www.belfasttelegraph.co.uk/business/economy-watch/ (2016-02-15)
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  • Northern Ireland Company Profiles - BelfastTelegraph.co.uk
    still some way to go Titanic Island has been tackling some serious financing problems for the last three years After easier progress in earlier years Titanic Island now has an impressive if incomplete series of developments The area houses significant new residential accommodation the Titanic Severfield John Simpson s analysis and company report Enniskillen based Fisher Engineering was taken over by Severfield Rowan PLC in October 2007 In March 2014 the local company was renamed as Severfield NI Company Report Translink Translink is the trading name for the Northern Ireland Transport Holding Company parent company for NI Railways Ulsterbus and Metrobus Company Report SONI SONI System Operator for Northern Ireland Ltd is the licensed transmission system operator for electricity in Northern Ireland Company Profiles Pharma firm continues expansion ALMAC Group headquartered in Craigavon presents the consolidated results of the parent company and 14 subsidiaries with specialist interests in pharmaceutical and biotechnology Revenues healthy despite recession for Foyleside Ltd Foyleside Ltd is a large property company owned by private Northern Ireland shareholders with a wide portfolio in the United Kingdom and Ireland some of which is held in subsidiary companies registered in Gibraltar The latest balance sheet value of the assets of the group John Simpson s company report Kainos Ltd Kainos was originally established 27 years ago partly as a spin out from Queen s University in association with Fujitsu In recent years operating as a Northern Ireland based company it has expanded its business base its geographic market reach and its employment levels The company has headquarters in Belfast but has other offices in Derry Dublin Poland and the United States AJ Power Export success with generating sets AJ Power is a relatively new business now well established in Craigavon The business is engaged in the fabrication of diesel powered generating sets many of which are being sold in international markets Sangers Northern Ireland Slower rate of growth for turnover The share capital of Sangers Northern Ireland is owned by Alchem which in turn is owned by Irish registered United Drug plc The Northern Ireland company is a large distributor of pharmaceutical products to the mainly independently owned high street chemists or pharmacists Nicholls Profits heating up for oil company NICHOLLS Fuel Oils is a large fuel distributor headquartered in Greysteel Co Londonderry The company is also the parent for a large number of other active trading companies as well as holding a 50 joint venture interest in several others Company Report Devenish NI Ltd Devenish NI is a Belfast registered company with major trading interests in the UK and the United States more Previous 1 2 3 4 5 6 7 8 9 10 Next Most Read Most Shared Most Commented Butcher opens sixth Belfast shop as family firm expands Company Profiles Company Snapshot Camden Group Ltd Company Profiles How Lego is helping people on the autistic spectrum build a bright future Company Profiles Company profile 352 Medical Company Profiles George Best City Airport Tighter margins and profit

    Original URL path: http://www.belfasttelegraph.co.uk/business/company-profiles/ (2016-02-15)
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  • Belfast Telegraph Business - Northern Ireland Business News - BelfastTelegraph.co.uk
    egg packaging firm Huhtamaki when the inevitable chicken or egg question comes up The company is part of a Finnish business and manufactures moulded fibre egg packaging for John Knapton of the NISP Sales isn t a dirty word but firms don t spend enough on it We ve had our fair share of tech success stories in Northern Ireland and John Knapton has played a part in many Now head of the Science Park s Springboard programme which aims to bring innovative companies to the next stage of development over a 16 week By becoming global we create more security for Delta in Belfast When Game of Thrones runs out of steam and we need to pitch a new epic series to the studios we could do worse than give them the life story of Terry Cross A new breed of wealth has been created in recent times The developments in China last month had a stomach churning effect on markets he tells me And even a holiday overseas can be interrupted by the need to advise clients if there s a crisis in the markets Jonathan has to follow the international news agenda Any big ticket economic issue can affect what we are doing on the ground locally While the macroeconomic ramifications of a slowdown in China might not initially seem relevant here recruitment boss Barry Smyth thinks otherwise So long as you make more money on the winners than you lose on the losers it works He s fresh from intermittent summer breaks on his motorboat moored in Soller on the island of Majorca and good job that he is with a full in tray at both CBI where he is chairman and his venture capital business Crescent Capital Colin Walsh says it s frustrating that the We helped sell a house that was empty for a year in just four days There are two puzzling truths about the property sector Despite all the burnt fingers dashed hopes failed dreams and a million unpaid invoices property and its fluctuating prices remain the favourite dinner party topics in Northern Ireland Prohibition drinks firm owner rejects CSI to delve into wine imports Newcastle woman Felicia Matheson could have ended up in the rather more macabre profession of crime scene investigation had she continued to pursue her original career path Colum McLornan We wouldn t have sold half the firm on Dragons Den Hotelier food manufacturer and singles travel impresario now Colum McLornan can add reality TV to his CV after a memorable appearance on business reality TV show Dragons Den I could envisage a lift in prices for farmers at the end of the year It turns into something of a busman s lunch for Martin Hamilton the elegantly turned out managing director of Mash Direct when I order a side dish of champ to accompany the seabass The arts are as risky as business but they are vital to who we really are Bomb disposal is possibly the

    Original URL path: http://www.belfasttelegraph.co.uk/business/working-lunch/ (2016-02-15)
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